NON APPLICABILITY OF REGULATION 23(9) OF SEBI(LODR) REGULATIONS, 2015
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Nikki Global Finance Ltd has informed BSE that Regulation 23(9) of SEBI (LODR) Regulations, 2015, which deals with disclosure of related party transactions, does not apply to the company. The company states its paid-up equity share capital is Rs. 3.42 crore and net worth is Rs. 1.33 crore as on 31 March 2024. Since both figures fall below the prescribed thresholds of Rs. 10 crore (paid-up capital) and Rs. 25 crore (net worth), the company is exempt from this disclosure requirement. The filing was made on 10 May 2025 and signed by Managing Director Rajesh Kumar Pandey.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is too small (by capital and net worth) to be subject to mandatory related party transaction disclosure norms under SEBI LODR rules.